industrial news Archives

  • Market

    U.S. gasoline prices topped $3 a gallon on Wednesday for the first time in about six-and-a-half years — and it…

    Read More »

  • Finance

    Amundi, Europe’s largest asset manager, has roughly halved its exposure to so-called blank-cheque companies, claiming the fast-growing sector, which has…

    Read More »

  • Finance

    Equity funds on sale in the UK gathered a record £3bn in new money during April, as investors ploughed money…

    Read More »

  • Finance

    JPMorgan is offering 24-hour access to ambulances, hospital beds for quarantining employees and payment for vaccines for its staff in…

    Read More »

  • Finance

    New FCA chief executive Nikhil Rathi has raised the prospect of greater scrutiny on non-bank finance in the wake of…

    Read More »

  • Finance

    Forget banker, accountant or lawyer — your kids could be embarking on careers as brain simulation specialists, space tour guides…

    Read More »

  • Finance

    As non-fungible tokens, or NFTs, burst into the mainstream, so too have the marketplaces that host their sales. The race…

    Read More »

  • Finance

    Citigroup hired a Deutsche Bank dealmaker to bolster its technology investment banking team in Europe, a key focus for the…

    Read More »

  • Finance

    Staff at London fintech firm GoCardless will soon be able to spend up to 90 days per year working from…

    Read More »

  • Finance

    Law firm Hogan Lovells has paid tribute to one of its corporate partners who has died at 40. Richard Diffenthal…

    Read More »

  • Finance

    New UniCredit chief executive, Andrea Orcel, has shaken up the Italian lender’s upper ranks, slimming down its executive committee and…

    Read More »

  • Finance

    TOKYO— SoftBank smashed profit records in its home country, riding a series of blockbuster initial public offerings to an annual…

    Read More »

  • Finance

    Innovate Finance, the industry body representing the UK’s fintech sector, has appointed Lloyd’s of London chief digital officer Louise Smith as its…

    Read More »

  • Finance

    Linklaters has elected global corporate head Aedamar Comiskey as its new senior partner, becoming just the second Magic Circle law…

    Read More »

  • Finance

    Lex Greensill, founder of the eponymous supply chain finance firm Greensill Capital, apologised for the company’s collapse and took full responsibility…

    Read More »

  • Market

    Just ahead of Memorial Day weekend — a time when families may be itching to get out and greet summer…

    Read More »

  • Finance

    FCA staff say they are a third more likely to go the extra mile than before the pandemic, according to…

    Read More »

  • Market

    Shares of Tesla Inc. fell again Tuesday, after the electric vehicle maker’s April sales in China fell sharply from March,…

    Read More »

  • Finance

    Former Prime Minister David Cameron has said that he first became concerned that Greensill Capital might be in “serious financial…

    Read More »

  • Finance

    Among the world’s 50 biggest asset managers, just 3% of chief executive officers are women, a report by recruitment firm Heidrick…

    Read More »

  • Finance

    UBS is paying its junior bankers a one-off bonus of $40,000, nearly double some of its rivals, as investment banks…

    Read More »

  • Market

    A record number of small businesses said they could not fill open jobs in April, adding to a growing national…

    Read More »

  • Finance

    Independent investment bank Stifel is offering analysts a $10,000 “appreciation” bonus, even if they have already announced their resignation, in…

    Read More »

  • Finance

    Jamie Dimon has had enough of Zoom, and he’s not the only one. The JPMorgan boss said he’s keen to…

    Read More »

  • Finance

    Eccentric billionaire Elon Musk is considering accepting dogecoin as payment for products at electric car firm Tesla, months after introducing…

    Read More »

  • Finance

    Brad Levy has big changes planned for Symphony, the $1.4bn financial communications provider he is soon to take over. With…

    Read More »

  • Finance

    It all started with an explosive leaked survey from 13 Goldman Sachs analysts, whose complaints of shocking workloads and brutal…

    Read More »

  • Finance

    The Treasury is selling down another 5% of its stake in NatWest Group. The bank remains majority state-owned, but the…

    Read More »

  • Finance

    Kirkland & Ellis has hired Clifford Chance private equity rising star Gregory Scott as a partner in its London office. Scott…

    Read More »

  • Finance

    Jefferies has hired two senior Deutsche Bank equity dealmakers, another sign that competition for talent in the sector is heating…

    Read More »

  • Finance

    Fund managers holding healthcare and pharmaceutical stocks have questioned the US government’s decision to support a waiver on Covid vaccine…

    Read More »

  • Finance

    UBS is looking into offering its wealthy clients access to cryptocurrency investments, in the latest example of a large bank…

    Read More »

  • Finance

    Deliveroo’s flopped IPO and concerns about restrictive listing rules in London have led to fears that the City could be…

    Read More »

  • Finance

    The UK must take urgent steps to improve London’s attractiveness as a destination for tech company listings over New York, a…

    Read More »

  • Finance

    Societe Generale SA is targeting a higher profitability for its global banking and investor solutions unit, which includes investment banking…

    Read More »

  • Finance

    The split between Bill and Melinda Gates, announced last week, has been in the works for a long time. Gates…

    Read More »

  • Tech

    Benson Hill Inc. is going public by merging with a special-purpose acquisition company in a deal that values the plant-growing…

    Read More »

  • Finance

    KPMG has reportedly been sued for more than £6m by property company Mount Anvil, which said it was hit with…

    Read More »

  • Finance

    Cryptocurrencies have continued their meteoric rise in recent weeks, with alternative players such as ether and dogecoin gaining ground on…

    Read More »

  • Finance

    Activist investor Sherborne Investors has sold its entire stake in Barclays, ending a three-year battle with the UK lender’s chief…

    Read More »

  • Finance

    A boutique advisor set up by the former head of European investment banking at Jefferies four years ago, is opening…

    Read More »

  • Market

    Just a week after topping $3,000 for the first time, Ether — the cryptocurrency that runs on the ethereum blockchain…

    Read More »

  • Tech

    Elon Musk’s newest SpaceX rocket stuck its landing Wednesday. Whether the unorthodox billionaire has as much success landing jokes on…

    Read More »

  • Market

    The global tally of confirmed cases of the coronavirus-borne illness COVID-19 climbed above 156 million on Friday, and India set…

    Read More »

  • Finance

    Ireland’s biggest stockbroker, Davy, has named five new senior hires for its London operation and plans to bolster its UK…

    Read More »

  • Finance

    KPMG UK has appointed Catherine Burnet as its new head of audit, replacing Jon Holt, who was elevated to chief…

    Read More »

  • Finance

    Bank of America hired a senior dealmaker from Citigroup in Paris as it continues to build up its presence in…

    Read More »

  • Market

    The numbers: The U.S. created just 266,000 new jobs in April even as the economy gained strength, suggesting companies might…

    Read More »

  • Finance

    BNP Paribas hired a top Goldman Sachs equity capital markets banker as revenues in the sector continue to surge on…

    Read More »

  • Finance

    Allen & Overy has made a rare double partner hire from Magic Circle rival Linklaters in London, bringing in two…

    Read More »